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1 W Century Dr, Los Angeles...

Drew Fenton, Michael Fenton, And Solomon Ganz Sell Condo At 1 W. Century Dr, Los Angeles For $4.9M
SOLD

Drew Fenton, Michael Fenton, And Solomon Ganz Sell Condo At 1 W. Century Dr, Los Angeles For $4.9M

1 W Century Dr, Los Angeles, CA, USA

$4,900,000

$1,396/SF

Building Size

3,510 SF

Asset Type

Closing

Mar 10, 2021

AI

Located at 1 W. Century Dr in Los Angeles, this condo was recently sold in a closed transaction. The property spans 3,510 square feet and features a luxurious and spacious layout. The asking price for this condo was $4,999,000, but it was ultimately sold for $4,900,000. This calculates to a price per square foot of $1,396. The sale of this condo was finalized on March 11, 2021.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $4,900,000
  • Address: 1 W. Century Dr, Los Angeles
  • Square Footage: 3,510 sqft
  • Asking Price: $4,999,000
  • Price per Square Foot: $1,396

Representing the parties involved in this transaction were brokers Michael Fenton, Drew Fenton, and Solomon Ganz. Their expertise and guidance helped facilitate the successful sale of this condo.

Players

Drew Fenton

Carolwood Estates

Broker

$1.3B

vol

36 deals

Broker
Hilton & Hyland
Hilton & HylandBrokerage

Los Angeles CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.24%

Cash-on-Cash

-0.93%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93